
320 KING Street
Hamilton, ON, L8N 1C2
Community:Beasley
Asking Price
$1,099,900
Frontage
19.62 ft.
Lot Depth
124.8 ft.
Square Foot
1,945 ft.
Lot Area
Zoning
Commercial
320 KING Street E, Hamilton, L8N 1C2
Property Description
Original Remarks
320 King Street East presents a rare opportunity to acquire a fully stabilized, 5-unit mixed-use asset in the heart of Hamilton's historic International Village. Generating a highly efficient actual Net Operating Income of $62,459.46 with zero vacancy, the 2,901-square-foot property features a main-floor retail space, three standard apartments, and a premium 650-square-foot renovated coach house ideal for owner-occupiers or yield-focused investors. While currently performing as a turn-key cash generator, the asset offers tangible value-add potential through a significant loss-to-lease opportunity on one drastically under-market residential unit. Furthermore, with a "Walker's Paradise" Walk Score of 98and Transit Oriented Corridor (TOC1) zoning, this property is strategically positioned for massive long-term capital appreciation directly along the route of Hamilton's upcoming $3.4 billion Light Rail Transit (LRT) project.
PROPERTY HISTORY
320 KING Street
PROPERTY DETAILS
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